LATEST NEWS

At Orcoda, we proudly call ourselves Transport Nerds. We have a passion for all things transport and a commitment to sharing our knowledge with the world. Whether it's the latest in transport technology, industry terminology, or best practices in logistics, we are dedicated to keeping you informed and up to date. Our expertise spans across various facets of transportation, and we aim to make complex concepts accessible and understandable. Below, we provide definitions for some key transport terms to help you navigate the intricate world of freight and logistics. Agent An individual who handles business on behalf of another company or individual with limited or complete authority. Agents are critical in facilitating transactions and ensuring smooth operations in the...

Geoff Jamieson, Managing Director of Orcoda Limited (ASX:ODA), was recently featured on the ASX Briefs podcast, now available on Spotify. In this insightful interview, Geoff discusses Orcoda’s innovative journey in transforming transport logistics with smart technology solutions. Listeners will learn about the origins of the company name, "organised connected data," and how Orcoda has grown to serve 280 active customers. Geoff highlights Orcoda’s impressive financial performance, including a 64% increase in annual recurring revenue and a 396% surge in free cash flow for FY24. The podcast also explores Orcoda’s transport optimisation software, which is driving significant advancements in sectors such as community transport and agriculture. Geoff delves into the strategic acquisition of Future Fleet, a move that has further...

FY24 Highlights: Total income of $25.4 million, +23% vs year ended 30 June 2023 (“FY23”), driven by: Strong growth within Transport Technology division, notably Future Fleet Sustained performance across Infrastructure Services division Annual Recurring Revenue (ARR) growth of 64% to $6.4 million, illustrating growing demand for Orcoda solutions across a diverse customer base Record EBITDA of $2.5 million, +24% vs FY23, and an EBITDA margin of 9.8%. Excluding R&D tax incentive and other income, FY24 margin expansion was +270bps Growing Transport Technology income contribution (>33% of Group), reflecting underlying strength of Future Fleet, supported by successful implementation of multiple large enterprise software contracts Divisional EBITDA margin of 21.5%, sustained following rapid income growth Successful execution of large Infrastructure Services...

The 2024 ski season at Mt Buller Ski Resort has been a remarkable success for the resort's transportation services, resulting from their use of the Orcoda’s smart transportation management system and the Mt Buller Transportation App . Last week over 2,000 rideshare trips were completed, showcasing exceptional performance from the transportation contract with the technology, operations staff and drivers working well in sometimes difficult weather conditions. Mt Buller Ski Resort set high customer service targets to ensure the best possible guest experience for visitors.  For the each ski season, they set the standard goal of 90% success rate across various KPIs including Guests getting picked up in their booked 30 minute time slot.  With 1000s of passenger movements each...

Orcoda extends its heartfelt congratulations to the winners of the 2024 Aged and Community Care Providers Association (ACCPA) Excellence Awards. In the highly competitive Team Category Project, Burnie Brae emerged as the proud winner for their outstanding Respite Project. We also applaud Comlink Australia’s Strategic Projects Team, who earned the runner-up position for their innovative project, which successfully integrated Orcoda’s cutting-edge technology into their operations. These achievements underscore the dedication and hard work of both Burnie Brae and Comlink Australia in fostering environments where older people can thrive. Selected from a pool of 460 nominations, these organisations stood out exemplifying the pinnacle of excellence in aged care.About Burnie Brae Burnie Brae’s commitment to in-home aged care, transport services, allied...

At Orcoda, we continuously strive to innovate and enhance our solutions to meet the evolving needs of our clients. Our latest feature in the Orcoda Logistics Management System (OLMS) is designed with this commitment in mind. Introducing Recurring Job Bookings – a game-changer for clients with repetitive logistical tasks. Enhancing Efficiency with Recurring Job Bookings In the realm of logistics management, repetitive booking entries can be a significant drain on time and resources. The new Recurring Job Bookings feature in OLMS addresses this challenge head-on, providing a seamless solution that streamlines the process and enhances overall efficiency. Key Benefits of Recurring Job Bookings Time Savings - By automating the scheduling of recurring jobs, this feature eliminates the need for...

At Orcoda, we continuously strive to innovate and enhance our solutions to meet the evolving needs of our clients. Our latest feature in the Orcoda Logistics Management System (OLMS) is designed with this commitment in mind. Introducing Recurring Job Bookings – a game-changer for clients with repetitive logistical tasks. Enhancing Efficiency with Recurring Job Bookings In the realm of logistics management, repetitive booking entries can be a significant drain on time and resources. The new Recurring Job Bookings feature in OLMS addresses this challenge head-on, providing a seamless solution that streamlines the process and enhances overall efficiency. Key Benefits of Recurring Job Bookings Time Savings - By automating the scheduling of recurring jobs, this feature eliminates the need for...

Q4 FY24 Highlights: Total income of $5.5 million, +5% vs previous corresponding period (“pcp”) and grew 5% from the last quarter, driven by strong performance in Future Fleet and growing recurring revenues Customer receipts of $5.3 million does not include ~$0.7 million trade receivable payments due in the Quarter which were received on 2 July 2024 Proforma operating cash inflows of $0.4 million Strong full year FY24 financial performance, with record full year total income and customer receipts: Total income $25.2 million, +21% vs FY23 Proforma customer receipts $27.3 million, +22% vs FY23 Proforma operating cash flows $2.7 million, in-line with FY23 Proforma cash and cash equivalents of $4.6 million and available working capital at 30 June 2024 Underlying FY24...